Concordant Signs Contract with Cobalt Corporation.Business Editors/Health/Medical Writers/High-Tech Writers NORTH CHELMSFORD, Mass.--(BUSINESS WIRE)--March 17, 2003 Concordant, Inc., the New England-based IT consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , has announced the signing of an agreement with Cobalt Corporation (NYSE NYSE See: New York Stock Exchange : CBZ CBZ Carbamazepine CBZ Carbobenzoxy CBZ Centrale Burgerlijke Ziekeninrichting (Dutch) ) of Milwaukee, Wisconsin For other places with the same name, see Milwaukee (disambiguation). Milwaukee is the largest city within the state of Wisconsin and 25th largest (by population) in the United States. . Cobalt is one of the nation's leading managed care companies serving 1.4 million lives in 50 states. The company employs more than 3,000 people in nine states. Under the terms of the agreement, Concordant will assist Cobalt in the development and implementation of an enterprise security architecture to meet the regulatory requirements of the Health Insurance Portability and Accountability Act The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. According to the Centers for Medicare and Medicaid Services (CMS) website, Title I of HIPAA protects health insurance coverage for workers and their families when (HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, ). According to Michael Cestroni, Director of Business Development at Concordant, the Cobalt contract is significant because it solidifies Concordant's leadership in providing Healthcare Infrastructure Security solutions. "Concordant has developed a comprehensive program that can be implemented across a wide variety of clients, regardless of market vertical or size. With Cobalt, we address the unique regulatory requirements faced by health insurance in accordance with a proven, 'best practice' approach. After successfully meeting the needs of our healthcare customers in New England, Concordant is excited to introduce these services to the Midwest region." According to Mark Lohmann, IT Director at Cobalt, "We are excited and pleased about the work Concordant is performing for us in developing a best practice approach to upgrading our infrastructure, assisting in meeting the unique requirements of HIPAA compliance while preserving the trust of our members." Concordant's health care clients include Blue Cross Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. of Massachusetts, WebMD, Partners Community Health Care, Roger Williams Medical Center and Harvard Pilgrim Health Care. Additional clients include Citizens Bank, Wyeth, Fidelity Capital, and Ristrac, a Liberty Mutual Company. Complete information about Concordant is available at www.concordantinc.com. |
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